Which of the Following Statements Is NOT True

question 13

Multiple Choice

Which of the following statements is NOT true?

• A) The feminization of poverty is unique to the United States.
• B) Households headed by women tend to be poorer than those headed by men.
• C) Married couples are much more secure economically than single mothers.
• D) Women now head more than half the households in the United States.
• E) The feminization of poverty has serious consequences with regard to living standards and health.

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Definitions:

Projected Benefit Obligation

An actuarial measurement of the present value of expected payments for pension benefits owed to employees, based on factors like salary growth and employee turnover.

Accrued/Prepaid Pension Cost

This refers to the accounting treatment of pension expenses that have been incurred but not yet paid (accrued) or paid in advance (prepaid).

Projected Benefit Obligation

An actuarial calculation of the present value of pension benefits owed to employees, measured by the projected salary levels.